Organisation of Commerce and Management Organisation of Commerce and Management XI XI

Introduction Now it becomes necessary to give formal, traditional, recent education in Commerce and Industry along with practical knowledge so as to enable the students to have good understanding of the basic concepts of globalised world and its relationship with the society. Council of Boards of School Education in India ( COBSE) has taken the responsibility of bringing out Common contents in commerce at + 2 stages of secondary level. It is a dynamic process that brings together technology, natural resources and human initiative in a constantly changing global environment. Information Technology is becoming a part of educational operations. Computerized systems are fast and replacing other systems. This curriculum will prepare students to analyse, manage, evaluate and respond to change which affects seriously. It provides a way of looking at and interacting with the business environment. This syllabi introduces 80-20 pattern of evaluation. Comprising 80 marks Theory and 20 marks practical being need of the time, practical approach is introduced. After doing a comparative study of syllabi of different Boards like C.B.S.E, ICSE, regarding their syllabi at + 2 level, this curriculum is prepared which shows common contents in commerce at national level. The suggestions and recommendations received from various Boards regarding commerce subjects are considered in this curriculum. It allows students to appreciate that business is an integral component of society and develop an understanding of many social and ethical issues. Besides, it also informs students of a range of study and work options and bridge the gap between Secondary and Higher secondary education.

General Objective: To develop students understanding of the Processes of business and its environment. To acquaint with students the dynamic nature and inter - dependent aspects of business. To help the students regarding the economic and social significance of business activity. To acquaint with students the practice of managing the operations and resources of business. To enable the students to be aware of socio economic and ethical dimensions of business. To acquire with the knowledge of new trends in the field of business. To enhance the interest of students while doing the practical work like projects.

Organisation of Commerce and Manegement XI Specific Objectives : To acquire the knowledge of nature and scope of business, small business. To understand private, public and Global enterprises including Internal trade. To know about international business. To understand about business environment. To know about marketing process. To understand the nature and significance of management. PROPOSED NEW SYLLABUS XI AND FOR XII COMMERCE SUBJECT ORGANISATION OF COMMERCE AND MANAGEMENT

NOTE 1) This syllabus is prepared according to the guidelines of N.C.F 2005. 2) This syllabus is compared with CBSE and ICSE Board XI and XII syllabi pattern. 3) The instructions introduced in N.C.F. 2005 are included in this syllabus. 4) While considering the N.C.F. 2005 it is observed that in XI-syllabi unit No. 7 and 8 and in XII syllabi unit No. 9 and 10, are already included in the subject-Secretarial Practice in the current syllabus. In view of this, to avoid the repetation of the above mentioned units of XI and XII these topics are deleated. 5) CBSE and ICSE BOARDS DO NOT have the subjects Secretarial Practice and Co-operation. These subjects are available only in Maharashtra State. Hence, the Board of studies proposes that no change is necessary in S.P. and Co-operation as these are newly constructed (Except, Business Finance to be included in S.P.)

PROPOSED NEW SYLLABUS ORGANISATION OF COMMERCE AND MANAGEMENT STD XI UNIT-1 Nature and Scope of Business Concept and characteristics of business Business, Profession and Employment-Meaning and distinctive features. Objectives of business-economic and social, role of profit in business. Classification of business activities-Industry and Commerce. Industry Types of industries- primary, secondary, tertiary. Commerce-Trade-Auxiliaries. Business risks nature and causes. Small Business Small scale industry- Tiny sector, cottage and rural industry. Role of small business in rural India. Problems of small business in India. Government Assistance and special schemes for industries in rural, backward and hilly areas. Private, Public and Global Enterprises. Private Sector and Public Sector. Forms of organizing public sector enterprises Departmental undertaking, Statutory corporation, Government company. Changing role of public sector. Global Enterprises ( Multinational companies ) Joint Ventures meaning, benefits. Internal Trade Meaning and types of internal trade Wholesale Trade and Retail Trade. Services of a wholesaler and a retailer. Types of Retail Trade Itinerant retailers and Fixed shops, Departmental store, Super market, Chain stores.

UNIT-2

UNIT-3

UNIT- 4

UNIT- 5

Role of Chamber of Commerce and industry. International Business Nature, importance, scope and complexities involved in international business. Basic information about ways of entering into international business. Contract manufacturing, licensing franchising, joint ventures and setting up wholly owned subsidies. Export import procedures and documentation. Foreign Trade promotion organizational support and incentives. Nature and importance of export processing zone/ Special Economic zones. International Trade Institutions and Agreement. W.T.O.UNCTAD, WORLD BANK, I.M.F.

UNIT-6

Business Environment Business Environment meaning and importance. Dimensions of Business Environment Economic, social, Technological, political and legal. Economic environment in India. Impact of Government policy changes on business and industry with special reference to adoption of the policies of liberalization privatization and globalization. Marketing Marketing meaning, functions, role. Distinction between marketing and selling. Marketing Mix concept and elementsProduct nature, classification, branding labelling and packaging. Physical distribution meaning, role Channels of distribution meaning, types, factors determining choice of channels. Promotion meaning and role, promotion mix, Role of Advertising and personal selling objections to Advertising. Price factors influencing pricing.

UNIT- 7

UNIT-8

Nature and significance of management Management concept, objectives, importance Nature of management, management as Science, Art, profession. Levels of management top, middle, supervisory ( first level ).

Special Note :- Readers of this text book may find some extra information in the various topics, which is related to the current reference and changes in the commercial business environment .The object of this information is to give current changes and updated reference to the students .No questions will be set on this extra information introduce in the text book.

Some Subjects for Projects ( Based on XI Syllabi ) Organization of Commerce and Management 1) Information about Automatic Machines. 2) Report of service industry. 3) Report of seasonal goods. 4) An interview of an Agent. 5) Different types of insurance policies. 6) Pictorial presentation & information about a Mall. 7) Different / Samples of Quotations. 8) A visit to a manufacturing industry. 9) An interview of a wholesaler / Retailer. 10) An interview of two successfull self employed persons. 11) An interview of a Franchiser. 12)E Commerce: Need of todays business world. 13) Different attractive packagings.

14) A visit to a Bank. 15) Collection of banking instruments of various banks. ( Cheques, Demand Drafts, Pass book, withdrawl, Pay- in- slips etc). 16) Employment opportunities arised due to transport. 17) Attractive Advertisements Advertisements in the news papers, T.V. media, Radio Advertising etc. 18) Report of Branded goods. 19) A visit to a warehouse. 20) A visit to well equipped commercial office. N.B Students are free to select any topic other than the topics given above but it must be related to the syllabus.

Organisation of Commerce and Management - XII Introduction Now it becomes necessary to give formal, traditional, recent education in Commerce and Industry along with practical knowledge so as to enable the students to have good understanding of the basic concepts of globalised world and its relationship with the society. Council of Boards of School Education in India ( COBSE) has taken the responsibility of bringing out Common contents in commerce at + 2 stages of secondary level. It is a dynamic process that brings together technology, natural resources and human initiative in a constantly changing global environment. Information Technology is becoming a part of educational operations. Computerised systems are fast and replacing other systems. This curriculum will prepare students to analyse, manage, evaluate and respond to change which affects seriously in the every phase of commercial and educational world. It provides a way of looking at and interacting with the business environment.

This syllabi introduces 80-20 pattern of evaluation. Comprising 80 marks Theory and 20 marks practical being need of the time, practical approach is introduced. After doing a comparative study of syllabi of different Boards like C.B.S.E, ICSE, regarding their syllabi at +2 level, this curriculum is prepared which shows common contents in commerce at national level. The suggestions and recommendations received from various Boards regarding commerce subjects are considered in this curriculum. It allows students to appreciate that business is an integral component of society and develop an understanding of many social and ethical issues. Besides, it also informs students of a range of study and work options and bridge the gap between Secondary and Higher secondary education. General Objective: To develop students understanding of the processes of business and its environment. To acquaint with students the dynamic nature and inter - dependent aspects of business. To help the students regarding the economic and social significance of business activity. To acquaint with students the practice of managing the operations and resources of business. To enable the students to be aware of socio economic and ethical dimensions of business. To acquire with the knowledge of new trends in the field of business. To enhance the interest of students while doing the practical work like projects.

Organisation of Commerce and Management - XII Specific Objectives To know about different forms of business organizations and Business services. To understand the emerging modes of business.

To know about social responsibilities of business and business ethics. To understand the concept of consumer protection and role of consumer organistions. To understand the principles, functions of management. To know about Entreprenurship development.

ORGANISATION OF COMMERCE AND MANAGEMENT STD XII UNIT - 1Forms of business organizations Sole proprietorship, Joint Hindu Family Business meaning, features, merits and limitations. Partnership meaning, types, registration, merits, limitations, types of partners. Co Operative societies types, merits and limitations. Company Private Ltd, Pubic Ltd merits, limitations. Starting a business Basic factors. Choice of forms of business organizations. UNIT - 2Business services Nature and types of Business services Banking, Insurance, Transportation, Warehousing, communication. Banking types of banks, functions of commercial banks, E banking. Insurance principles & types of life fire, marine insurances. Postal and Telecom services. Warehousing types and functions. Transport meaning, role, means. UNIT - 3Emerging modes of Business E business Meaning, Scope and benefits. Resource required for successful E Business implementation.On line transactions, payment mechanism. Security and safety of business transactions. Outsourcing Concept, need and scope. UNIT - 4Social Responsibilities of business and business ethics. Concept of social responsibility. Cases for social responsibility. Responsibility towards different interest groups, owners, investors, employees, consumers, government, community, public in general.

UNIT - 5-

Business ethics concept and elements. Business and environmental protection. Consumer protection Importance of consumer protection. Rights of consumers Consumer responsibilities. Ways and means of consumer protection. Consumer awareness and legal redressal with special reference to Consumer Protection Act. Role of Consumer Organization and NGOS. Principles of Management Principles of Management meaning, nature and significance. Fayols Principles of Management. Taylors scientific management Principles and Techniques.

UNIT - 6-

UNIT - 7-

Functions of Management Planning Meaning, Nature, Importance. Organizing Meaning, Nature, Importance. Staffing Meaning, Nature, Importance. Directing Meaning, Nature, Importance. Controlling Meaning, Nature, Importance. Co ordinating Meaning, Nature, Importance.

UNIT - 8-

Entrepreneurship Development Concept, Functions and Need. Entrepreneurship: Characteristics and Competencies. Process of entrepreneurship development. Entrepreneurship Values: Attitudes and MotivationMeaning and concept. Some Subject for Projects ( Based on XII Syllabi ) List of Topics for projects Organization of Commerce and Management

1. An interview of sole trader. 2. Partnership firm :- process & procedure.

3. Joint Hindu family An affectionate business. 4. Collection of Common seals of different Joint stock companies and the relevant information about common seals. 5. Visit to a co-operative society, co-operative credit societies, patpedhis, consumer co-operative stores and prepare a report of such visits. 6. Information about the businesses who are working in the private and public sector. 7. Effects on environment (List of information of industries) 8. Information about the business groups who are famous in their social accountability (e.g. Tata, Reliance, etc.) 9. An interview of those persons who are aware of consumer welfare and their rights. 10.Information about a training institute, giving training to consumers about their rights. 11.Prepare a report of any cottage industry doing planning on the basis of co-operation. 12. Information about students co-operative stores. 13. Plan and project report of any function. 14. An interview of a eminent businessman. 15. Detail information about the various services offered by a big business group. 16. Information of any two business groups who have secured I.S.O. 9000. 17. How will you plan against any natural calamity in your area. 18. How will you plan for keeping (maintaining) best highest Quality of the goods produced by group. 19. Information about the institute who gives career guidance. 20. Bad effects of various festivals on the environment. N.B Students are free to select any other topic other than the topics given above; but that should be related to the topic related to the syllabi.

Secretarial Practice XI Introduction Now it becomes necessary to give formal, traditional, recent education in Commerce and Industry along with practical knowledge so as to enable the students to have good understanding of the basic concepts of globalised world and its relationship with the society. Council of Boards of School Education in India ( COBSE) has taken the responsibility of bringing out Common content in commerce at + 2 stages of secondary level. It is a dynamic process that brings together technology, natural resources and human initiative in a constantly changing global environment. Information Technology is becoming a part of educational operations. Computerised systems are fast replacing other systems. This curriculum will prepare students to analyse, manage, evaluate and respond to change which affects seriously. It provides a way of looking at and interacting with the business environment. This syllabi introduces 80-20 pattern of evaluation. Comprising 80 marks theory and 20 marks practical. Being need of the time, practical approach is introduced. After doing a comparative study of syllabi of different Boards like C.B.S.E, ICSE, regarding their syllabi at + 2 level, this curriculum is prepared which shows common content in commerce at national level. The suggestions and recommendations received from various Boards regarding commerce subjects are considered in this curriculum. It allows students to appreciate that business is an integral component of society and develop an understanding of many social and ethical issues. Besides, it also informs students of a range of study and work options and bridge the gap between Secondary and Higher secondary education. General Objectives: To develop an understanding of the processes of business and its environments in students. To acquaint students with the dynamic nature and inter - dependent aspects of business. To help the students regarding the economic and social significance of business activity. To acquaint students with the practice of managing the operations and resources of business.

To enable the students to be aware of socio economic and ethical values of business. To acquire knowledge of new trends in the field of business. To enhance the interest of students while doing the practical work like projects.

Secretarial Practice XI Specific Objectives

To acquire knowledge of the basic term Secretary To know about Joint Stock Company and machinery monitoring Joint Stock Company, structural organization of Joint Stock Company, company meetings. To understand business correspondence, secretarial correspondence with Directors, Registrar, Banks and Insurance company.

PROPOSED DRAFT OF SYLLABUS SUBJECT: SECRETARIAL PRACTICE STD: XI UNIT - 1Secretary Meaning, definition and importance. Types of secretaries: a) Personal b) Non profit Association c) Co operative Society d) Joint Stock Company e) Government department ( Qualifications, qualities and functions ) UNIT - 2Joint stock company Evolution. Definition and Features. Merits and limitations. Formation of Joint stock Company Stages Promotion, Incorporation, Capital raising and obtaining Trading Certificate Documents related to the Formation of a Joint stock Company Memorandum of Association, Articles of Association, Prospectus, Statement in lieu of prospectus ( Meaning, purpose and contents of each document). UNIT - 3Machinery monitoring Joint stock Company The Central Governments Department of company affairs. The Board of Company Law Administration ( Company Law Board / National company Law Tribunal ) Registrar of Companies. Advisory Committee. Jurisdiction of court ( brief outline of the role in monitoring mechanism )

UNIT - 4-

Structural Organization of a Joint stock company Shareholders Acquisition of membership, rights and termination. Board of Directors Qualifications, appointment, Powers, duties. Managing Director Qualifications, appointment, powers, duties and remuneration. Auditor Meaning, Functions, rights, appointment, remuneration and removal. Company Secretary Appointment, rights and responsibilities, remuneration. Company Meetings Provisions for convening and conducting a valid meeting. Provisions related to Notice, Agenda, Quorum, Proxy, Voting, Motions, Amendments, Resolutions, Minutes. Types of Meetings Statutory Meeting, Annual General Meeting, Extra Ordinary General Meeting, Meetings of Board of directors. Role of a Company secretary relating to Meetings. Business Correspondence Basic principles of Business correspondence. Importance. Layout of a Business Letter. Essentials of a good business letter Physical appearance of business letter Precaution to be taken while writing businss letters Secretarial correspondence Correspondence with Directors Notice of Meeting with agenda. Sending a brief report to directors who were absent for meeting. Reminding the directors about the provision regarding absenteeism of consecutive meetings. Requesting a director to be present at a meeting as an expert. Removal or retirement of a director.

UNIT - 5-

UNIT - 6-

UNIT - 77.1

7.2

Correspondence with Registrar of Companies Filing Statutory Report. Filing Annual Report. Extension of time for holding Annual General Meeting. Filing special resolution with Registrar of companies. Alteration in clauses of Memorandum of Association and Articles of Association.

7.3 Correspondence with Banks Opening of an Account. Stop payment. Issue of a Letter of Credit. 7.4 Correspondence with Insurance Companies Enquiry about various policies regarding fire & marine Insurance. Asking for fire and marine policies. Informing insurance company about damage of goods by fire/marine loss. Settlement of claim.

SECRETARIAL PRACTICE STD XI PROJECT WORK 1) Interview of a personal secretary working with Doctor or any Professional. 2) Report of a social organization like Lions Club, Rotary Club, Mahila Bachat gat etc. 3) Informative report of a non profit association Hospital, Public Library, Sports club, Cultural Associaltion etc. 4) 5) 6) 7) Visit report: Auditors office. Informative report about the office work done by computer. Interview of a promoter, Large scale businessman. Documents presentation: Memorandum of Association, Articles of Association. 8) 9) 10) 11) 12) 13) 14) Interview of a Secretary- Company/Other institutes. Insurance proposals Fire insurance, Marine insurance Informative report of education loans given by banks. Visit to the bank to open an Account Prepare proformas Notice, Agenda, Resolution etc. Report on visit to local co-operative organasation Report on company visit. Secretarial Practice XII Introduction Now it becomes necessary to give formal, traditional, recent education in Commerce and Industry along with practical knowledge so as to enable the students to have good understanding of the basic concepts of globalised world and its relationship with the society. Council of Boards of School Education in India ( COBSE) has taken the responsibility of bringing out Common content in commerce at + 2 stages of

secondary level. It is a dynamic process that brings together technology, natural resources and human initiative in a constantly changing global environment. Information Technology is becoming a part of educational operations. Computerised systems are fast replacing other systems. This curriculum will prepare students to analyse, manage, evaluate and respond to change which affects seriously. It provides a way of looking at and interacting with the business environment. This syllabi introduces 80-20 pattern of evaluation. Comprising 80 marks theory and 20 marks practical Being need of the time, practical approach is introduced. After doing a comparative study of syllabi of different Boards like C.B.S.E, ICSE, regarding their syllabi at + 2 level, this curriculum is prepared which shows common content in commerce at national level. The suggestions and recommendations received from various Boards regarding commerce subjects are considered in this curriculum. It allows students to appreciate that business is an integral component of society and develop an understanding of many social and ethical issues. Besides, it also informs students of a range of study and work options and bridge the gap between Secondary and Higher secondary education. General Objectives: To develop in students an understanding of the processes of business and its environments. To acquaint students with the dynamic nature and inter - dependent aspects of business. To help the students regarding the economic and social significance of business activity. To acquaint students with the practice of managing the operations and resources of business. To enable the students to be aware of socio economic and ethical dimensions of business. To acquire with the knowledge of new trends in the field of business. To enhance the interest of students while doing the practical work like projects.

Secretarial Practice XII Specific Objectives To acquire the knowledge of business finance, sources of business finance. To understand the role of secretary in the capital formation. To know about the declaration and payment of dividend. To acquire the knowledge of correspondence of a company secretary with members, debenture holders and depositors. To give the information about financial markets. PROPOSED DRAFT OF SYLLABUS SUBJECT: SECRETARIAL PRACTICE STD: XII UNIT - 1Business Finance Business Finance Meaning, role, objectives of financial management. Financial planning Meaning and importance. Capital structure Meaning and factors. Fixed and working capital Meaning and factors affecting their requirements. UNIT - 2Sources of Business Finance Nature and significance: Financial requirements and sources. Methods of raising finance: Equity and preference shares Debentures and Bonds Retained profits Public deposits Loan from commercial banks Loan from financial institutions Trade credit Discounting of bills of Exchange Global Depository Receipt, American Depository Receipt

UNIT - 3-

Role of a Secretary in the Capital Formation Part I Meaning of issue of shares at par, premium and discount, at bid price Meaning of Initial public offer. Meaning of bonus issue. Meaning of rights issue. Meaning of Employee stock option scheme. Meaning of private placement. Issue of shares procedure. Allotment Meaning, conditions for valid allotment, procedure. Transfer and Transmission of shares Meaning, provisions, procedure, difference. Issue of share certificate and share warrant Meaning, provisions, procedure, difference.

UNIT - 4-

Role of a Secretary in the Capital Formation Part II Issue of debentures procedure, conversion and redemption of debentures. Deposits invitation, acceptance, renewal, repayment, default and remedies. Depositories and dematerialization of securities meaning, importance, procedure, secretarial duties in issuing securities in dematerialized form. Declaration and payment of dividend Meaning. Procedure of ascertainment of dividend. Declaration of dividend and payment of dividend. Provisions regarding unpaid / unclaimed dividend. Interim and final dividend Meaning and difference. Correspondence of company secretary with members, debenture holders and depositors. Allotment of shares. Regret letter. Lodgement notice. Approval / Refusal of Transfer of shares. Issue of bonus shares.

UNIT - 5-

UNIT- 6 -

UNIT - 7-

Distribution of dividend notice. Allotment of debentures. Redemption of debentures. Conversion of debentures into shares. Payment of interest on debentures. Letter thanking the investor for deposits. Payment of interest ( Basic information of TDS to be given ). Renewal of deposits. Repayment of deposits. Financial markets Concept of Financial market, Money market nature, instruments. Capital market- nature and types primary and secondary market. Distinction between capital market and money market. Stock Exchange meaning, functions, BSE, NSEI, OTCEI, Trading procedure. Securities Exchange Board of India ( SEBI ) objectives, functions.

SECRETARIAL PRACTICE STD XII PROJECT WORK 1) 2) 3) 4) 5) 6) 7) Specimen presentation of different kinds of share certificates. Specimen presentation of different kinds of debenture certificates. Interview report of an underwriter. Functional report of SEBI. Visit report Financial institution other than bank. Presentation of prospectus and your observations. Introduction to latest instruments of debts (Refer Economic Times, Business Today, internet). 8) 9) 10) 11) Informative report of public deposits offered by company. Informative report of DEMAT account. Report about dividend policy of any company. Specimen presentation of letters issued by company (Do not use specimen letters given in the book ). 12) 13) 14) Collection of news clippings about share market. Functional report of stock exchange. Prepare specimen Dividend warrant, Interest warrant

Note Students are requested to visit the office of Chamber of Commerce or visit to any small or large scale Industry.

Co operation - XI
Introduction Along with formal, traditional, recent education in Commerce and Industry Now it has become necessary to give practical knowledge so as to enable the students to have good understanding of the basic concepts of globalised world and its relationship with the society. Council of Boards of School Education in India (COBSE) has taken the responsibility of bringing out Common content in commerce at + 2 stages of secondary level. It is a dynamic process that brings together technology, natural resources and human initiative in a constantly changing global environment. Information Technology is becoming a part of educational operations. Computerised systems are fast and replacing other systems. This curriculum will prepare students to analyse, manage, evaluate and respond to change which affects seriously. It provides a way of looking at and interacting with the business environment. This syllabi introduces 80-20 pattern of evaluation. Comprising 80 marks Theory and 20 marks practical Being need of the time, practical approach is introduced. After doing a comparative study of syllabi of different Boards like C.B.S.E, ICSE, regarding their syllabi at + 2 level, this curriculum is prepared which shows common content in commerce at national level. The suggestions and recommendations received from various Boards regarding commerce subjects are considered in this curriculum. It allows students to appreciate that business is an integral component of society and develop an understanding of many social and ethical issues. Besides, it also informs students of a range of study and work options and bridge the gap between Secondary and Higher secondary education. General Objective: To develop in students an understanding of the processes of business and its environment. To acquaint with students the dynamic nature and inter - dependent aspects of business. To help the students regarding the economic and social significance of business activity.

To acquaint with students the practice of managing the operations and resources of business. To enable the students to be aware of socio economic and ethical dimensions of business. To acquire with the knowledge of new trends in the field of business. To enhance the interest of students while doing the practical work like projects. Co operation - XI Specific Objectives

To acquire the knowledge of basic terms, definitions and concepts of co operation. To know the need and importance of co operation. To understand the principles of co operation and the history of co operative movement. To get knowledge of Credit co operative society, Agricultural co-operative society, Processing co operative society, Marketing co operative society, Industrial co operative society, Multipurpose co operative society, Consumer co operative society, Housing co operative society. PROPOSED SYLLABUS Co operation Std XI UNIT 1 1.1 1.2 1.3 1.4 Co - operation Meaning Characteristics Need Importance

UNIT 2 2.1 2.2 2.3 UNIT 3

Principles of co operation History of co operative principles Basic principles General principles History of co operative movement

3.1 World 3.2 India 3.3 Maharashtra UNIT 4 Forms of Co operative societies 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 UNIT 5 Credit co operative society Agricultural co operative society Processing co operative society Marketing co operative society Industrial co operative society Multipurpose co operative society Consumer co operative society Housing co operative society

Co operative movement in India 5.1 Achievements of Co operative movement 5.2 Merits of Co operative movement 5.3 Demerits of Co operative movement 5.4 Concept on Liberalisation, Privatisation and globalisaiton Topics for Project work XI Co-operation

1) Visit any co- operative society in your locality / area and prepare Report. 2) Prepare report on interview with the promoter of any cooperative Society of your local area. 3) Prepare report on progress of credit cooperative society in your Locality / area. 4) Prepare report of Processing Cooperative society from your

Locality / area. 5) Visit a Multipurpose Cooperative society and take interview of office bearer and prepare report. 6) Visit any Cooperative society from your local area, collect information of working of Cooperative society and prepare report. 7) Collect information of Consumers Cooperative society and prepare report. Note Students are free to select any topic other than the topics given above but it must be related to the syllabus.

Co operation - XII Introduction Along with formal, traditional, recent education in Commerce and Industry Now it has become necessary to give practical knowledge so as to enable the students to have good understanding of the basic concepts of globalised world and its relationship with the society. Council of Boards of School Education in India (COBSE) has taken the responsibility of bringing out Common content in commerce at + 2 stages of secondary level. It is a dynamic process that brings together technology, natural resources and human initiative in a constantly changing global environment. Information Technology is becoming a part of educational operations. Computerised systems are fast and replacing other systems. This curriculum will prepare students to analyse, manage, evaluate and respond to change which affects seriously. It provides a way of looking at and interacting with the business environment. This syllabi introduces 80-20 pattern of evaluation. Comprising 80 marks Theory and 20 marks practical Being need of the time, practical approach is

introduced. After doing a comparative study of syllabi of different Boards like C.B.S.E, ICSE, regarding their syllabi at + 2 level, this curriculum is prepared which shows common content in commerce at national level. The suggestions and recommendations received from various Boards regarding commerce subjects are considered in this curriculum. It allows students to appreciate that business is an integral component of society and develop an understanding of many social and ethical issues. Besides, it also informs students of a range of study and work options and bridge the gap between Secondary and Higher secondary education.

General Objective: To develop in students an understanding of the processes of business and its environment. To acquaint with students the dynamic nature and inter - dependent aspects of business. To help the students regarding the economic and social significance of business activity. To acquaint with students the practice of managing the operations and resources of business. To enable the students to be aware of socio economic and ethical dimensions of business. To acquire with the knowledge of new trends in the field of business. To enhance the interest of students while doing the practical work like projects. Co operation - XII Specific Objectives To acquire the knowledge of formation of co-operative society-stages, organization, office bearers. To understand the role and functions of Commissioner and Registrar of co-operative societies. To study the legal provisions of Maharashtra co-operative societies Act 1960 with up to-date amendments.

To acquire the detailed knowledge about- Maintenance of Accounts and Audit of co-operative society. - Study of District central co-operative bank. - State co-operative bank, Urban co-operative bank. - Co-operative education and training To Know about the impact of global economy on cooperative movement.

PROPOSED SYLLABUS Co operation Std XII UNIT 1 Formation of co-operative society Procedure as per Maharashtra co-operative societies Act1960 1.1 Stages in formation of co-operative society. 1.2 Promotion stage. 1.3 Registration stage. 1.4 Promoter Meaning, Functions, responsibilities UNIT 2 Organization of co-operative society 2.1 Member-Meaning, Types, Rights, Responsibilities 2.2 Managing committee - Functions, Powers, Responsibilities. 2.3 Office Bearers-Functions, Powers, Responsibilities a. Chairman - Functions, Powers, Responsibilities b. Vice Chairman- Functions, Powers, Responsibilities c. Secretary- Meaning and Definitions, Functions, Qualities of an ideal secretary 2.4 Correspondence of secretary of a co-operative society with the Registrar, Member and Managing Committee UNIT 3 societies. Role of Commissioner and Registrar of co-operative

3.1 Registrar Role, Functions, Powers, Responsibilities. 3.2 Commissioner.

UNIT 4

Study of Maharashtra State co-operative societies Act-1960 with up to date amendments in connection with. 4.1 4.2 4.3 4.4 Registration. Capital raising. Meetings. Maintenance of Accounts and Audit.

UNIT 5

A brief study of following Co-operative organizations in the light of Co - operative movement in Maharashtra 5.1 5.2 5.3 District central co operative banks. Maharashtra State co operative bank. Urban co operative banks.

UNIT 6

Co operative Education and Training 6.1 6.2 6.3 6.4 Concept of Co operative Education and Training. Objectives and Need of Co operative Education and Training. Organisational structure of Co-operative Education and Training Centres in Maharashtra. Vaikunthlal Mehta National Institute of Co operative Management and Research, Pune in Co operative Education and Training.

UNIT 7

Impact of Global Economy on Co operative Movement 7.1 Impact of Global Economy on Co operative movement Liberalisation, Privatisation and Globalisation. 7.2 In changing Economic environment expectations from co operative movement.

Topics for Project work XII Co-operation 1) A Report on interview with promoter of cooperative society. 2) A Report on information of cooperative society. 3) A Report on interview with managing director of cooperative society. 4) A Report on interview with secretary of cooperative society. 5) A Report on workings of students co-operative society. 6) A Report on interview with Registrar of co-operative society. 7) Collect all documents required for registration of co-operative society and prepare a report on it. 8) Visit a co-operative bank and prepare visit report. 9) A report on observation of Annul General meeting of any co-operative society. 10) A Report on interview with auditor of co-operative society. 11) A Report on A class co-operative society. 12) A Report on visit to District Central Co-operative bank in your district. 13) A Report on Information about Urban Co-operative banks in your district. 14) A Report on banking services provided to customers by urban co-operative bank. 15) Information of co-operative training centres. 16) Information about Vaikunthlal Mehta National Co-operative Management Institute. 17) Co-operative education with the help of distance learning / Correspondence cources. Note Students are free to select any topic other than the topics given above but it must be related to the syllabus.